Child Care Business Plan
Opportunity
Problem
The education of our children needs to start earlier and earlier. The school system in general is failing. Private tutors and teachers are available to assist with children’s education.
Solution
The Toddler Warehouse is a full-service child care/development facility that cares for toddlers from age three to five. The Toddler Warehouse focuses on professional parents who earn double income. These parents are often ambitious and willing to spend money to ensure their children’s development.
Market
The Toddler Warehouse provides child care/development to toddlers from three to five years of age. The Toddler Warehouse will be targeting double income professional families who, because of work obligations, do not have the time during the day to care for their child. The Toddler Warehouse is looking for families who are willing to pay more than just baby-sitting. They would like their children to participate in programs that develop many skills such as socialization, math, art, and large muscle group exercises. Professional parents are often ambitious and eager to help their children move forward.
Competition
The Toddler Warehouse will compete in the child care market. This industry is fairly broad and populated, there are companies at all levels, from the basic baby sitter services, to competitors of The Toddler Warehouse. You can find service providers who offer both standard business hours and services that are available at night or evening. There are services that can be scheduled and services that can be canceled. A lot of parental choices are based on quality, price and gut feeling. The Toddler Warehouse believes focusing on one market is the best way to achieve success.
Why Us
The Toddler Warehouse’s mission is to provide high-quality child care. We exist to attract and maintain customers. Everything else will follow this principle. Our services will meet or exceed customer expectations.
Expectations
Forecast
We will be profitable in the first one year. We will be able hire more general assistance that focuses on care by year 3.
Financial Highlights by Year
Financing is Required
Matt will invest $85,000
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